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Meet JOE
Celebrity Endorsements




                 Hmm!
Sexy Dancer Legs
• Ensured Attention
 – PR coverage
 – Higher degree of recall




                15-20
                 million $!
• Rejuvenating a stagnant brand
  – Compensate for lack of innovative ideas.
• Mass Appeal
 – Psychographic Connect
 – Demographic Connect
• CO-Creation
There are risks...


                Hmmmm.....
                .
• The vampire effect

                       What brand was she
                       promoting again?
• Mismatch between the celebrity
  and the image of the brand
• Multi brand endorsements by the same
  celebrity would lead to overexposure
  – Celebrities endorsing one brand and using
    another (competitor)
• Cost
• The reputation of the celebrity may
  derogate after he/she has endorsed the
  product.
  – Inconsistency in the professional popularity of
    the celebrity
In the end people always forget...
So Does it Work?
According to Adweek...


           4%
 78%               18%   BUT
Brand
Awareness/Equity
YouTube Celebrity Endorsements




                   Hmm!
• Cost
 –Promotional tactics




                        Promo Codes +
                          Discounts

          Contests
• Specified Target audience
  – More relatable and trusted by
    consumers




  Companies only selling online   New and starting companies
• Measurement of success
 –Feedback




                   11, 038,984
                     Views!
• Less Risk
 – Can pull out without being noticed
 – Can use multiple Youtube celebrities
There are risks...
•   http://www.gurugossip.net/t394p175-bad-experience-with-products-gurus-rave-about
• Youtube personalities must state that
  the product was endorsed

Juicy Tuesday




                                Fowler Sisters
• It stays on YouTube




                        Forever...
So Does it Work?
According to my own research...


           55%
 6%                 39%           BUT
Increase Sales/ Gain
 new consumers to
      try it out
The ultimate product: The Clarasonic
Step 1        Step 2         Step 3




                                 Step 3

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A Company's Perspective on whether to use Celebrity Endorsement vs Youtube Endorsement

Hinweis der Redaktion

  1. Meet Joe
  2. Wmv
  3. http://internationalentertainment.blogspot.com/2011/10/viva-glam-spokesperson-lady-gaga-and.html
  4. http://blogs.wsj.com/speakeasy/2011/08/16/abercrombie-and-fitch-offer-to-pay-the-situation-to-stop-wearing-their-clothes/
  5. When a product or service is endorsed by a celebrity, more than three-quarters answered that it has no impact on their intent to buy,” Adweek reports. “Just 4 percent said it makes them more likely to purchase.”And when consumers get up to retirement age, celebrity endorsements can actually work against a product, according to the poll. For those 55 and older, 19% noted that a celebrity endorsement might cause them to not buy a particular brand.http://www.brandchannel.com/home/post/2011/06/14/Celebrity-Endorsements-Study-Adweek.aspx
  6. Contracts are very short
  7. http://www.xconomy.com/seattle/2011/03/30/lady-gagas-favorite-seattle-tech-startup-clarisonic-cracks-big-time-with-100m-sales/2/